Business
from24/7 Wall St.
1 week agoRecord $26.2M Quarter, Near Zero Gross Margin: The Red Cat Paradox
Red Cat Holdings reported record Q4 revenue but faced a significant stock drop due to an EPS miss and lack of revenue guidance.
Ukraine is prepared to purchase $100 billion worth of US arms, funded by Europe, in exchange for security guarantees from the US contingent on a peace deal with Russia.
"We see the growing importance of unmanned technologies for regional security. That is why we plan to engage in a project that combines Polish engineering resources with the unique know-how of our Ukrainian partners, proven not on a training ground but in real combat conditions."
The partnership between Iran and Russia to produce Iranian-designed drones on Russian soil has deepened military ties between the two heavily sanctioned states and substantially boosted Russia's domestic drone industry.